涛涛车业: 关于开立募集资金现金管理产品专用结算账户的公告

Core Viewpoint - Zhejiang Taotao Vehicle Co., Ltd. has approved the increase of idle fundraising management funds to a total of RMB 90 million for cash management, focusing on high-security and high-liquidity financial products [1][2]. Group 1: Fund Management Decisions - On May 9, 2024, the company approved an increase in the cash management limit for idle fundraising from RMB 40 million to a total of RMB 90 million [1]. - The cash management will be effective for 12 months from the date of board approval and will not affect the company's daily operations or fundraising project construction [1][2]. - The company has opened dedicated settlement accounts for cash management products at various banks, including Ningbo Bank and Agricultural Bank of China [2]. Group 2: Compliance and Regulations - The cash management activities will comply with relevant regulations, including the "Regulatory Guidelines No. 2 for Listed Companies - Management and Use of Fundraising" and "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange" [2].